Waianae Economic Development Council
EIN: 471646700 · Waianae, HI · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $898K |
| Total Expenses | $1.3M |
| Net Assets | $92K |
Is Waianae Economic Development Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Waianae Economic Development Council
Waianae Economic Development Council (EIN: 471646700) is a nonprofit organization based in Waianae, HI, classified under NTEE code S30. The organization reported total revenue of $898K and total assets of $274K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waianae Economic Development Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waianae Economic Development Council is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 101.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$70K |
| Total Assets | $298K |
| Total Liabilities | $206K |
| Net Assets | $92K |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 69.0% |
| Months of Reserves | 2.7 months |
Financial Health Grade: B
In 2023, Waianae Economic Development Council reported a surplus of $70K with revenue exceeding expenses, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 69.0% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Waianae Economic Development Council's revenue has grown at a compound annual growth rate (CAGR) of 101.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +130.4% | +118.1% | +46.4% |
| 2022 | +307.1% | +248.2% | +8543.6% |
| 2021 | -12.6% | -2.3% | -90.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Waianae Economic Development Council has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Waianae Economic Development Council with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $70K, with revenue exceeding expenses.
- Debt-to-asset ratio: 69.0%.
Frequently Asked Questions about Waianae Economic Development Council
Is Waianae Economic Development Council a legitimate charity?
Waianae Economic Development Council (EIN: 471646700) is a registered tax-exempt nonprofit based in Hawaii. It has 4 years of IRS 990 filings on record. Total revenue: $898K. No red flags identified. Financial health grade: B.
How does Waianae Economic Development Council spend its money?
Waianae Economic Development Council reported $898K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Waianae Economic Development Council tax-deductible?
Waianae Economic Development Council is registered as a tax-exempt nonprofit (EIN: 471646700). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Waianae Economic Development Council located?
Waianae Economic Development Council is headquartered in Waianae, Hawaii and files with the IRS under EIN 471646700. It is classified under NTEE code S30.
How many years of IRS 990 filings does Waianae Economic Development Council have?
Waianae Economic Development Council has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $898K in total revenue.
Filing History
IRS 990 filing history for Waianae Economic Development Council showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Waianae Economic Development Council's revenue has grown by 719.7%, moving from $168K to $1.4M. Total assets increased by 1101.7% over the same period, from $25K to $298K. Total functional expenses rose by 642.2%, from $177K to $1.3M. In its most recent filing year (2023), Waianae Economic Development Council reported a surplus of $70K, with revenue exceeding expenses. The organization holds $206K in liabilities against $298K in assets (debt-to-asset ratio: 69.0%), resulting in net assets of $92K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.3M | $298K | $206K | — | — |
| 2022 | $599K | $601K | $204K | $181K | — | View 990 |
| 2021 | $147K | $173K | $2K | $3K | — | View 990 |
| 2020 | $168K | $177K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.3M, and assets of $298K (revenue +130.4% year-over-year).
- 2022: Revenue of $599K, expenses of $601K, and assets of $204K (revenue +307.1% year-over-year).
- 2021: Revenue of $147K, expenses of $173K, and assets of $2K (revenue -12.6% year-over-year).
- 2020: Revenue of $168K, expenses of $177K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waianae Economic Development Council:
Data Sources and Methodology
This transparency report for Waianae Economic Development Council is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.